Statutes > New Mexico Statutes > Chapter 72 - Water Law. > Article 16 - Albuquerque Metropolitan Arroyo Flood Control, 72-16-1 through 72-16-103. > Section 72-16-37 - Disposition of property, funds and taxes of authority.

Section 72-16-37 - Disposition of property, funds and taxes of authority.

72-16-37. Disposition of property, funds and taxes of authority.

All property and all funds remaining in the treasury of the authority so dissolved shall be surrendered and transferred to the county in which the authority is located and shall become a part of the general fund of the county.